Used 2023 Audi Q5 for Sale nearWaterloo, ON

How much does the 2023 Audi Q5 cost?

Prices have softened 17.29% compared to this time last year, making it a favourable time to shop this model year.

There are 401 listings available, which suggests a healthy amount of inventory for you to compare.

Is the 2023 Audi Q5 a good car?

Yes — the 2023 Audi Q5 earns a 5/5 user rating and a 6.5/10 expert rating. The model scores 7/10 across Look and feel, Form and function, and Safety.

Owners consistently praise its luxurious feel, advanced technology, smooth performance, stylish design, and comfortable interior. In practical use, that lines up well with the Q5’s upscale cabin, quiet ride, and everyday comfort.

The main trade-offs are sluggish initial acceleration and the cost of premium gasoline. Even so, the Q5’s standard all-wheel drive and balanced mix of luxury and usability make it a strong fit if you want a refined small luxury SUV rather than the quickest one off the line.

With 33.4% of listings marked as good or great deals, you have a decent chance of finding a competitively priced example.

Is the 2023 Audi Q5 reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

Drivers describe it as luxurious, smooth, and comfortable, with a reputation that feels dependable and trouble-free in day-to-day use. The sturdy build quality and quiet cabin also support the impression that it is a vehicle you can count on over time.

The Q5’s standard all-wheel drive and well-finished cabin add to its sense of durability, while the available technology and safety equipment help it feel well rounded for long-term ownership. For used buyers, the main ownership risk is more about higher running costs than obvious reliability red flags.

What should I look for when buying a used 2023 Audi Q5?

Key things to evaluate:

• Trim level: The entry trim comes with leather seating, heated front seats, a 10-inch touchscreen, and standard all-wheel drive, while higher trims add features such as a heated steering wheel, heated rear seats, a Bang & Olufsen audio system, and more advanced driver assistance equipment.
• Powertrain: You can choose from a 2.0-litre turbocharged four-cylinder with 201 horsepower, a 261 hp version, or a plug-in hybrid with 362 hp and an estimated 37 km of electric-only range. All versions use a seven-speed dual-clutch automatic transmission and standard quattro all-wheel drive.
• Safety package: Standard equipment includes forward collision warning with automatic emergency braking, a blind-spot monitor, lane-departure warning, adaptive cruise control, and front and rear parking sensors. Higher trims add lane-keep assist, a surround-view camera system, traffic jam assist, matrix-design LED headlights, a head-up display, a semi-automated park assist system, and a traffic sign reader.
• Infotainment: Every Q5 gets a 10.1-inch infotainment touchscreen, wireless Apple CarPlay and Android Auto, Bluetooth, and smartphone app connectivity. Mid-range trims add a virtual cockpit digital instrument panel.
• Fuel efficiency: The 2.0-litre turbocharged engine is estimated at 10.2 L/100 km in the city, 8.2 L/100 km on the highway, and 9.3 L/100 km combined. The higher-output version is rated at 10.6 L/100 km city, 8.2 L/100 km highway, and 9.5 L/100 km combined. The plug-in hybrid is rated at 9.0 L/100 km combined once the battery is depleted.

Which 2023 Audi Q5 trim should I buy?

The 2023 Audi Q5 is offered in 3 trim levels: Komfort, Progressiv, Technik.

Here's the short version:

• Komfort: This is the entry point, and it gives you the core Q5 experience with standard all-wheel drive, leather seating, heated front seats, and the 10-inch touchscreen. It makes sense if you want the Q5’s comfort and refinement without stretching for extras.
• Progressiv: This is the best-value trim because it adds a good amount of tech and safety equipment, including lane-keep assist, a surround-view camera system, and traffic jam assist. If you want the sweet spot between price and features, this is the one to target.
• Technik: This is the most luxurious choice, adding matrix-design LED headlights, a head-up display, a semi-automated park assist system, and a traffic sign reader. It suits you best if you want the most advanced equipment and are willing to pay for it.

Rear-seat side impact airbags are offered as an option on all trims.

Is now a good time to buy a used 2023 Audi Q5?

This looks like a moderate, selective buyer’s market, so you can be choosy if you shop carefully.

• Deal availability: 33.4% of listings are priced as good or great deals.
• Inventory: There are 401 listings available.
• Price trend: Prices have softened 17.29% compared with last year.

If you find a listing below $34,351 CAD, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Audi Q5's resale value?

The current average of $34,351 CAD sits slightly below last year's $41,533 CAD.

That price movement suggests the Q5 has become more accessible for used buyers, which can help demand in the near term. For a future seller, the softer market means you may need to price competitively to stand out, especially if similar examples are plentiful.

At the same time, the Q5’s upscale image, standard all-wheel drive, and strong owner satisfaction should help support interest from shoppers who want a refined luxury SUV. Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Audi Q5 safe?

The 2023 Audi Q5 was awarded five out of five stars for overall, frontal, and side protection from NHTSA, and it scored four stars in rollover tests. It also earned a Top Safety Pick+ from the IIHS and the highest IIHS score of Good in all crashworthiness tests.

It earns a 7/10 safety score from our experts.

Standard safety equipment includes forward collision warning with automatic emergency braking, a blind-spot monitor, lane-departure warning, adaptive cruise control, and front and rear parking sensors. Higher trims add lane-keep assist, a surround-view camera system, traffic jam assist, matrix-design LED headlights, a head-up display, a semi-automated park assist system, and a traffic sign reader.

Rear-seat side impact airbags are offered as an option on all trims.

Should I buy a 2023 Audi Q5 or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 33.4% of listings are priced as good or great deals.
• Price trend: Prices have softened 17.29% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• The 2023 stands out for its attractive styling, standard all-wheel drive, quiet cabin, and broad tech content, even if acceleration is sluggish.

The bottom line: The 2023 Audi Q5 makes the most sense if you want a refined, well-equipped luxury SUV and you value comfort and technology over quick acceleration. If you are more price-sensitive, the softer used market gives you room to shop carefully and look for a well-priced example with the trim and equipment you want.

How does the 2023 Audi Q5 compare to the 2023 BMW X3?

Read our full side-by-side expert comparison here.

These recommendations are based on CarGurus' proprietary market data from October 27, 2026, CarGurus experts' opinions, and generative AI.